A Fixed Deposit (FD) is a safe investment instrument offered by banks where you deposit a lump sum for a fixed tenure at a fixed rate of interest. FDs in India typically compound quarterly. The FD calculator shows the maturity value, total interest earned and effective yield so you can compare offers across banks before locking in.
A Fixed Deposit (FD) is a safe investment instrument offered by banks where you deposit a lump sum for a fixed tenure at a fixed rate of interest. FDs in India typically compound quarterly. The FD calculator shows the maturity value, total interest earned and effective yield so you can compare offers across banks before locking in.
Where
| Symbol | Meaning |
|---|---|
| P | Principal |
| r | Annual interest rate (decimal) |
| n | Compounding frequency per year (4 for quarterly) |
| t | Tenure in years |
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Browse all toolsFD Calculator calculations are a part of daily life for Indian households. A reliable calculator helps avoid errors, supports accurate financial decisions and ensures compliance with the latest Indian standards and tax rules.